Product pricing: solved numerical questions
1- The demand function equation is given by; `P=5000-4Q` Find out: a) Marginal revenue equation b) At what price and quantity MR will be zer...
Read more »1- The demand function equation is given by; `P=5000-4Q` Find out: a) Marginal revenue equation b) At what price and quantity MR will be zer...
Read more »1-Explain the derivation of long run average cost curve. Ans: Long-run average cost is the per unit production cost in the long run. It is c...
Read more »1-What do you mean by fiscal policy? Ans: Fiscal policy refers to the deliberate changes made by the government in its expenditure, taxation...
Read more »1- What do you mean by monetary policy? Ans: Monetary policy refers to the action taken by the monetary authorities, generally the central ...
Read more »1-What do you mean by business cycle? Explain the phases of business cycle. Ans:- Business cycle or trade cycle refers to the periodic fluct...
Read more »1- What is law of variable proportion? Explain. Ans: Law of variable proportion is the important law of production. It is the short-run ana...
Read more »1- What do you mean by production? Ans: Commonly production means creation of goods and services by using required raw material but in econ...
Read more »1- What do you mean by firm & industry? Ans:- It is important to know the meanings of firm and industry before analyzing the two. A firm...
Read more »Level:-BBA-BI, 1 st sem. Full Marks -100 Faculty:-Management ...
Read more »Level:-BBA-BI, 2nd sem. Full Marks -100 Faculty:-Management ...
Read more »As everyone knows that the production of goods and services requires various factors of production i.e. land, labor, capital, and entreprene...
Read more »1- Given the following functions; `C=100+0.8Y`, `I=120-5i`, `M_s=120` and `M_d=0.2Y-5i`
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